Sybron Corporation
| Company Deal | $25,000,000 7 1/2% sinking fund debentures due April 15, 1994 |
|---|---|
| Transaction Type | Sinking Fund Debentures |
| Deal Description | Sybron Corporation used a portion of the proceeds from this transaction to repay short-term bank notes. The balance of such proceeds was added to the company's general corporate funds to finance capital expansion and working capital needs. The short-term notes were incurred in connection with the purchase of common stock of Taylor Instrument Companies prior to its merger into the company. |